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THE GLOBAL FINANCIAL ORDER IS SHIFTING. THE RUPEE IS READY TO TAKE ITS PLACE.
For more than eighty years, the US Dollar has anchored the global economy. But as supply chains fracture and geopolitics harden, the world is searching for a new balance. The next phase of global finance may not be defined by replacing the Dollar, but by systems that can live alongside it—offering deep markets, digital rails, and democratic trust.
In Rupee Unbound, Anurag Jha traces the extraordinary 2,500-year journey of Indian money. From the silver coins of ancient empires to the desperate gold pledge of 1991, this is the biography of a currency forged in scarcity and survival.
Today, as India—now one of the world’s largest economies—builds a financial architecture to match its global ambition, a radical question emerges: Can a currency once on the periphery become a pillar of the new global economy?
This is a story of endurance rather than dominance. It is the roadmap for how a nation, long a borrower of confidence, is preparing to become an issuer of it.
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Anurag Jha
Anurag Jha, author of Rupee Unbound: The Race to Reserve Currency, brings two decades of experience in financial markets, blending the analytical rigor of an economist with the decisiveness of a fund manager. As the former India Economist at Citigroup, he had a front-row view of the macro-policy shifts that shaped the modern Rupee.
His diverse career spans the financial hubs of Mumbai and Singapore, including impactful roles at Lehman Brothers and ICICI Securities PD. This trajectory has given him a unique vantage point on the interplay between domestic and international capital markets.
Anurag is an alumnus of IIT Kharagpur and IIM Lucknow.
